★ Digitalcoin(DGC) Discussion & Info thread - Organic Growth since May 2013! ★

[kenel]

why do you even bother with this obvious scam coin?

pick any out of the 10000000000 other coins and go with that instead..

dead coin is dead.

Do you write for the Wall St. Journal? This is front page quality WSJ writing here.

This is so insightful and thought out.

Excellent analysis.   

[Shadey]

YAY!!!! DGC making a come back!!! Excited to see what new things this coin has in store for us!!!!

[kenel]

The reason that Baritus will not post the address is because if he comes forward and says that the address is "xyz" and I prove that he moved coins from "xyz" to a verified account in his name and sold them, it 100% outs him for the liar he is. By not posting the address he can always deny any address connecting him to it *is not* the stolen address.

His refusal to post the address, as well as provide any detail on this mystery employee or even how it is that his personal machine could be accessed screams BS.

So, which is it DGC Foundation, is baritus involved or not?

There are two opposite answers from you guys in this thread alone.


~BCX~

The answers you are looking for you will not find from The Digitalcoin Foundation.

What's between you and baritus is between you and baritus.

<kenel>!seen baritus
<Coine1ius>I last saw baritus at 24.09.2014 01:10

We have just as much information as you do....the difference is we're choosing to focus on the positives going on here (which number in the many) instead of beating a dead horse.

Does the above (from IRC) answer your question?

[TinEye]

Organic growth
Just looked at the charts on cryptsy and it shows anything but growth. Just dying every week as the price goes lower and lower.

Are we looking at the same charts?

http://imgur.com/CCkwcFy

Digitalcoin has suffered tremendously, but since the takeover by the DGC Foundation, it's been coming back nicely, and this is just the beginning of its long road back.

TT

The value now is nothing compared to 6 months back. It went so low that it was bound to rise a bit at some point.

I don't see the reason to continue with this anyway. Offers nothing new, and its success will just allow the scammers who have robbed to profit more.

[samson]

Organic growth
Just looked at the charts on cryptsy and it shows anything but growth. Just dying every week as the price goes lower and lower.

Are we looking at the same charts?

http://imgur.com/CCkwcFy

Digitalcoin has suffered tremendously, but since the takeover by the DGC Foundation, it's been coming back nicely, and this is just the beginning of its long road back.

TT

The value now is nothing compared to 6 months back. It went so low that it was bound to rise a bit at some point.

I don't see the reason to continue with this anyway. Offers nothing new, and its success will just allow the scammers who have robbed to profit more.

Don't use it then. Goodbye.

[TinEye]

Organic growth
Just looked at the charts on cryptsy and it shows anything but growth. Just dying every week as the price goes lower and lower.

Are we looking at the same charts?

http://imgur.com/CCkwcFy

Digitalcoin has suffered tremendously, but since the takeover by the DGC Foundation, it's been coming back nicely, and this is just the beginning of its long road back.

TT

The value now is nothing compared to 6 months back. It went so low that it was bound to rise a bit at some point.

I don't see the reason to continue with this anyway. Offers nothing new, and its success will just allow the scammers who have robbed to profit more.

Don't use it then. Goodbye.

Bagholder? Must be feeling very heavy by now.

[samson]

Organic growth
Just looked at the charts on cryptsy and it shows anything but growth. Just dying every week as the price goes lower and lower.

Are we looking at the same charts?

http://imgur.com/CCkwcFy

Digitalcoin has suffered tremendously, but since the takeover by the DGC Foundation, it's been coming back nicely, and this is just the beginning of its long road back.

TT

The value now is nothing compared to 6 months back. It went so low that it was bound to rise a bit at some point.

I don't see the reason to continue with this anyway. Offers nothing new, and its success will just allow the scammers who have robbed to profit more.

Don't use it then. Goodbye.

Bagholder? Must be feeling very heavy by now.

Having purchased most of my coins recently I got them pretty cheap.

[Magic8Ball]

DGC will never recover from "Baritus" till he publicly post the address or the DGC Foundation openly renounce and disassociate themselves from him entirely.

Why are you after this? Baritus has long gone after dumping all the DGC to the bottom. Leave the poor holders in peace trying to recover something from their failed investment.

[ButtcoinEXpress]

What's your involvement / continued interest in DGC anyway ?

Don't worry ... he's a pussy

[Vinje]

I'm beginning to see why animals eat their own young. 
fn idiots.  All of you.   Uptight over something that doesn't affect you in the slightest.
If you don't like the coin, fuck off.  Your opinion doesn't matter in the slightest.  Your ego stroking, and threats are fn retarded.
"Yay, look at me, I has a forum gang!  Skeery" 
Dickbag.

[ButtcoinEXpress]

if your dick looks like a bag - something's wrong 

[kenel]

Well things around here just got interesting.

[cosmoo]

Thanks for helping combat the trolls Wolf. Based on his behavior I'd guess BCX has become a FUD puppet for whales, Monero got a heavy shakedown on Poloniex along with his posting of a 'coin-killing' bug found in the CryptoNote scheme. XMR's price is still holding steady though, and BCX hasn't actually done anything to the coin, so I'm pretty suspicious of the guy. He probably just has to make noise to keep his name known, so he can keep getting kickbacks from whales who need to scare the market back into their pockets.

Now... can we please stop obsessing over something that really isn't worth obsessing over? 560k/3% of DGC got dumped on market. Seriously.. that is not something that warrants this much complaining.

The only thing really threatening DGC right now is it's low network hashrate, which we are trying to rectify. Can we please get back on topic? I've outlined two options we could take, merge-mining and turning PoS, I would love to hear some other ideas.

The best plan I can figure is merge mining SHA and scrypt algorithms to BTC and LTC, and giving them minimal block rewards, while leaving the third-algo something that is asic resistant and giving it a majority of the minted coins. This would secure 2/3 of the network through BTC/LTC asics while keeping most of the rewards in the hands of small-time solo miners.

Right now the plan is to swap to multi-algo and see how much hashpower we get from that, if it isn't satisfactory we can look at other options.

[techbytes]

Well, this is true for most of the altcoins so nothing new there. 

BCX, the only reason you have to kill off DGC is baritus.  Why you are so obsessed with him we will never know.  Regardless of what you hear, he is no longer involved in the development of DGC now or in the future.  The Foundation has capable developers to handle any tasks.  If we are ever in need of help, there won't be a shortage of developers out there that we can hire to do the job.  This is why the Foundation goal is to hold one million DGC to pay for future projects.

Baritus is now a member of the DGC community like anyone who belongs to a coin community.  He is free to support the coins he believes in.  To say that he is still involved in the development of DGC now or any time in the future is a false statement. 

So if you still have the interest to kill off DGC, then you have other motivations other than baritus. 
 

-tb-

[kenel]

So a penguin and a farmer walk into a bar.......

And the penguin says....."He's not an eggplant, he's retarded.".......

[cosmoo]

bump

[seleme]

The only thing really threatening DGC right now is it's low network hashrate.

Given this fact, you think taunting is the smart move.


~BCX~

Maybe he just doesn't care anymore about you waiving your dick around. Maybe nobody does.

[techbytes]

DGC network hashrate went over 12GH tonight.  So it's either BCX is now mining it or more multipools are hopping on.


-tb-

[Tsquared]

Never ceases to amaze me how some people consider it an accomplishment if they are able to damage or destroy something. People who think this way are rarely constructive or productive, but instead present their destructive actions as somehow benefiting others. Perhaps this is due to a fear of failure. It takes much more courage and effort to build or create or improve something, and the reward is exponentially greater. I admire the Digitalcoin community for accepting the challenge of rebuilding this coin, and I encourage any critics to join in this effort and contribute some energy toward its success.

Back to the topic...

I have been opposed to merge mining because it has always appeared to me as a sign of weakness. Not enough hashrate, so borrow some from another network. In seeing some of the recent implementations, I'm beginning to have a different opinion. Perhaps I need to understand it better?  Would it be possible to implement the multiple algorithms and merge mine on two of the algorithms (scrypt and SHA256) but not on the third (X11)? I'd really love to see comments on the pros and cons of merge mining, or merge mining across multiple algorithms.

TT

[cosmoo]

Thanks for taking an interest, ideally we need to secure the hashrate indefinitely.. we'll see. I was hoping to start a discourse over merged-mining/PoS but of course the thread gets derailed..

bump, i guess. If you're reading this thread, post something!